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GLOBAL RESEARCH ARCHIVE

Singtel: Conservative guidance leaves upside optionality; scope for mid-year revision

Published: 2026-05-21Institution: BofA Global ResearchCompany / ticker: STEL.SIPages: 12Original language: 英语Evidence page: 8

Research evidence excerpt

Singtel: Conservative guidance leaves upside optionality; scope for mid-year revision

Research, Equity Sales & Trading, Futures & Options, Electronic Trading, Equity

Capital Markets, Debt Capital Markets and M&A. SEBI Registration Nos. Research

Analyst: INH000000503, Stock Broking: INZ000217333 (Trading and Clearing

Member of NSE and BSE – Capital Markets and Equity Derivatives), Merchant

Banker: INM000011625, CIN U74140MH1975PLC018618.

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BofA Securities is currently acting as Financial Advisor to a finance the consortium

consisting of KKR and Singapore Telecommunications Ltd in connection with its

proposed acquisition of the remaining stake in ST Telemedia Global Data Centres

(STT GDC Pte Ltd) from ST Telemedia, which was announced on February 4, 2026.

APR - Telecommunications Coverage Cluster

Investment rating Company BofA Ticker Bloomberg symbol Analyst

BUY

3BB Internet Infra Fund XJBIF 3BBIF TB Thitithep Nophaket

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